N.J. Stat. § 2A:44-17: Proceeds of sale; disposition

The fees and expenses of a sale authorized by this article shall be paid first and next the expenses and charges of the carrier for transportation, detention or demurrage and storage. The residue shall be paid to the clerk of the county who shall pay the same to the owner on the order of the Superior Court. If no person shall, within one year after the sale, claim the proceeds, the same shall be paid into the school fund of the State.

L.1951 (1st SS), c.344; amended 1991,c.91,s.91.